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Spurs and Man Utd miss out as Depay signs new PSV deal

Lawk Raoof discusses the new and highly improved contract signed by World Cup star Memphis Depay, which looks like the end of the road for Tottenham and Manchester United’s chances of signing the Dutchman.

PSV’s Technical Director Marcel Brands announced this evening that Memphis Depay has signed a new contract binding him till the summer of 2018. After Vloet, Locadia and the team’s captain Georginio Wijnaldum, Depay is the fourth crucial player which signed a new and highly improved contract. Makes him and Wijnaldum PSV’s most paid player with a net yearly salary of approximately €1m and a signing bonus. However, signing an improved contract does not guarantee anything for a club. That’s why Left Forward Depay promised to stay at least one more season with PSV. A great step forward for PSV who will be vying to be this year’s Eredivisie champions. Now with midfielder Wijnaldum and Depay, two of the best and most important players in the Eredivisie are staying in Eindhoven.

Is it all good news then? Not quite. Brands stated that this means there is no longer room for a new player on the attacking front. The budget has been spent to persuade Depay to sign a new contract. Which means that PSV can ask a higher price for him when a big club such as Manchester United or Tottenham Hotspur come to buy him. Still, Brands has done the impossible because nobody was expecting Depay to stay after a fabulous World Cup and PSV has got him signed for 4 more years.